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in the generalconomy. >> reservoirs are empty. this one in texas should be twice as high. dry weather is set to continue. for more on the impact this draft is having, i am joined by a senior editor at "time" magazine. we heard about the food price rises. can you give us an indication how bad they're going to be? >> you will start to see an increase fairly cent. corn has been the hardest hit by drought. that is the base of the food pyramid. it goes into processed food, it goes to feed animals. however, food itself is not the biggest part of what we pay for when it comes to food overall. processing is a lot more of the dollar you spend on food. while you will feel that, it will not be as bad as it will be in other countries where people do not get processed food. >> talking about other parts of the world, the u.s. is the biggest exporter. other countries may be feeling the result of this as well. >> absolutely. the united states is the breadbasket of the world. if you see the corn crop's hit badly here, it will have an impact elsewhere. about 40% of the u.s. corn crop goes into ethanol. part o
Search Results 0 to 2 of about 3 (some duplicates have been removed)

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